Gene Simmons Starts Accepting BTC For The Sale Of His Estate

Legendary vocalist of the rock band KISS Gene Simmons starts accepting Bitcoin for the sale of his Las Vegas mansion worth $13.5 million as we can see further in our latest Bitcoin news.

Gene Simmons starts accepting Bitcoin for the sale of his estate based in Las Vegas but he also considered other options like Polkadot, Litecoin, and Ether. The rock star is known as “The Demon” initially displayed support towards the crypto industry at the start of 2021 and he even predicted that Cardano will likely see its most productive year so far. At the end of the summer, the native token of the protocol hit a new high of $3 which means that his forecast was quite accurate.

The musician admitted that he is also ken on BTC and revealed investing a few million in it, envisioning the main cryptocurrency will reach $60,000. BTC surpassed this price tag once and almost tapped a high of $70,000. In a recent interview, Simmons doubled down on the crypto support by accepting other digital assets for the sale of his Las Vegas mansion. It is listed at $13.5 million while the buyers can purchase it in BTC, ETH, LTC, Uniswap, Polkadot, and Aave. He stated:

“I have been an outspoken proponent of cryptocurrency from the beginning. It is the future of money, and it just makes sense to offer interested parties the option of using cryptocurrency to purchase the estate.”

The estate is located in the Ascaya community in Henderson, south of the Las Vegas Strip. It offers a panoramic view of the valley and is more than 11,000 square feet big. The future owner of the mansion will enjoy six bedrooms, 11 garage spaces, eight baths, a private bar, a lounge area, a swimming pool, and a lot more leisure facilities. Gene Simmons is not the first person to transact with crypto in real estate deals.

Last summer, one buyer paid $22.5 million worth of digital assets to acquire a deluxe penthouse in Miami Beach and the deal represented the most expensive transaction ever paid this way however the name of the buyer and the cryptocurrency in question remained undisclosed. The Condominium is a part of the building Arte Surfside and the penthouse is on the top floor which is owned by Ivanka Trump.

Alex Sapir, the co-developer of the building asserted that the deals involving crypto are highly secure and added that an increasing number of people want  to buy real estate from Arte Surfside by using BTC or other altcoins:

“There is strong pent-up demand for cryptocurrency transactions that are seamless and secure for both parties, and the deal at Arte is a prime example of that. We were overwhelmed by the amount of calls we received from qualified buyers.”